factual

How long is the renewal term for a Brain Balance franchise agreement?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

ble lists certain important provisions of the Franchise and related agreements. You should read these provisions in the agreements attached to this Disclosure Document.**

Provision Section in Franchise Agreement (or Satellite Franchise Agreement, if different) Summary
a. Term of the Franchise 4.01 10 years
b. Renewal or Extension of the Term 4.02 The Franchise Agreement may be extended for an additional term of 5 years unless you give written notice at least 3 months but not more than 6 months prior to expiration of the current term.
c.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 54–61)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, the franchise agreement may be extended for an additional 5 years. This is contingent on the franchisee providing written notice to Brain Balance at least 3 months, but not more than 6 months, before the expiration of the current term.

To renew the franchise agreement, a franchisee must execute the current form of the franchise agreement and pay a renewal fee of $10,000. Brain Balance may ask the franchisee to sign a contract with materially different terms and conditions than the original agreement.

Furthermore, Brain Balance must re-approve the franchisee for renewal. This implies that the renewal is not automatic and that Brain Balance will assess the franchisee's performance and adherence to the franchise agreement before granting a renewal.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.